NORDQUIST FERMENT AS

2100 SKARNES

Finances

Return on Equity

5,91 %

Current Ratio

5,32

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 499 000	3 214 000	2 625 000	2 340 000
Net Income	100 000	168 000	−41 000	−117 000
Total Assets	2 473 000	2 366 000	1 856 000	1 765 000
Total Equity	1 692 000	1 593 000	1 425 000	1 466 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 499 000	3 214 000	2 625 000	2 340 000
Expenditure	3 356 000	2 985 000	2 672 000	2 490 000
Operating Profit	142 000	229 000	−46 000	−150 000
Financial Income	8 000	1 000	2 000	3 000
Financial Costs	22 000	15 000	8 000	4 000
Financial Balance	−14 000	−14 000	−6 000	−1 000
Earnings Before Tax	128 000	215 000	−53 000	−151 000
Tax	28 000	47 000	−12 000	−33 000
Net Income	100 000	168 000	−41 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	667 000	345 000	296 000
Total Current Assets	1 873 000	1 699 000	1 511 000	1 468 000
Total Assets	2 473 000	2 366 000	1 856 000	1 765 000
Total Retained Equity	1 592 000	1 493 000	1 325 000	1 366 000
Total Equity	1 692 000	1 593 000	1 425 000	1 466 000
Total Long-Term Debt	429 000	6 000	0	0
Total Current Debt	352 000	767 000	431 000	299 000
Total Equity and Debt	2 473 000	2 366 000	1 856 000	1 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 499 000	3 214 000	2 625 000	2 340 000
Other Income	0	0	0	0
Revenue	3 499 000	3 214 000	2 625 000	2 340 000
Cost of Goods Sold	902 000	848 000	574 000	592 000
Salary Costs	1 602 000	1 405 000	1 575 000	1 487 000
Depreciation	173 000	143 000	103 000	63 000
Impairment	0	0	0	0
Expenditure	3 356 000	2 985 000	2 672 000	2 490 000
Operating Profit	142 000	229 000	−46 000	−150 000
Financial Income	8 000	1 000	2 000	3 000
Financial Costs	22 000	15 000	8 000	4 000
Financial Balance	−14 000	−14 000	−6 000	−1 000
Dividends	0	0	0	0
Net Income	100 000	168 000	−41 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	37 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	590 000	657 000	298 000	261 000
Total Tangible Assets	590 000	657 000	298 000	261 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	600 000	667 000	345 000	296 000
Stock	836 000	838 000	731 000	588 000
Total Investments	0	0	0	0
Cash, Bank	688 000	533 000	501 000	657 000
Total Current Assets	1 873 000	1 699 000	1 511 000	1 468 000
Total Assets	2 473 000	2 366 000	1 856 000	1 765 000
Total Equity	1 692 000	1 593 000	1 425 000	1 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	429 000	6 000	0	0
Creditors	88 000	547 000	69 000	72 000
Unpaid Taxes	73 000	94 000	122 000	95 000
Dividends	0	0	0	0
Other Current Debt	156 000	122 000	241 000	132 000
Total Current Debt	352 000	767 000	431 000	299 000
Total Equity and Debt	2 473 000	2 366 000	1 856 000	1 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	10,55 %	−2,88 %	−7,98 %
Debt-to-Equity Ratio	0,25	0	0	0
Operating Profit Margin	4,06 %	7,13 %	−1,75 %	−6,41 %
Current Ratio	5,32	2,22	3,51	4,91
Quick Ratio	−3,87	−23,93	−5,04	−5,08
Equity Ratio	0,68	0,67	0,77	0,83
Gross Profit Margin	74,22 %	73,62 %	78,13 %	74,7 %